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HR 6694 117th Congress House Congress

STOCK Act 2.0

Introduced: February 9, 2022 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 1, 2022
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
Feb 9, 2022
Referred to the Committee on Oversight and Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 9, 2022
Introduced in House
 Plain-English summary Congressional Research Service

STOCK Act 2.0

This bill expands restrictions on investment practices and requirements for financial disclosures that apply to specified high-level government officials.

In particular, the bill bars individual stock trading by (1) Members of Congress, (2) the President and Vice President, (3) Supreme Court Justices, (4) governors of the Federal Reserve Board, and (5) presidents and vice presidents of Federal Reserve banks.

Additionally, the bill requires financial disclosures to include loans, contracts, and other benefits (excluding salaries, compensation, or tax refunds) from the federal government. It also requires additional officials, namely judges and senior leaders of Federal Reserve banks, to make the disclosures.

Further, the bill directs supervising ethics agencies to make the disclosures publicly available in formats that are easily searchable, sortable, and downloadable.

What's happening now November 1, 2022

Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.

 Committees of jurisdiction 4